Business

Import-export turnover between Vietnam and China continued to hit new heights in 2019 by reaching a milestone of approximately US$117 billion.

Vietnam's largest conglomerate Vingroup JSC on Tuesday announced that it is officially withdrawing from the air transport business.

Tan Son Nhat International Airport in Ho Chi Minh City plans to serve more than 3.7 million passengers during the upcoming Lunar New Year (Tet) festival.

In 2019, Viet Nam received US$ 16.7 billion of remittances, representing a year-on-year growth of 4.4%, according to the World Bank (WB).

Three companies have been publicly shamed after being discovered to use banned chemicals in producing fish sauce.

Airports Council International forecasts that Vietnam will have the fastest air passenger growth in the world in the period of 2018-2040 with an average annual growth rate of 6.2%.

Parents in big cities are in a hurry to search for child care service as the children's Tet holidays start earlier than the national holidays.

Home-made sweets and cakes have become more popular for the Lunar New Year or Tet Holiday in Vietnam despite their quite high prices.

Budget carrier Vietjet Air on January 12 launched two new air routes linking the Mekong Delta city of Can Tho with Taipei of Taiwan and Seoul of the Republic of Korea (RoK).

The 10th Meeting of the Committee of the Whole for the ASEAN Economic Community (CoW 10) was held in Hanoi on January 11 by the Vietnamese Ministry of Industry and Trade.

It may take Vietnam two years to get upgraded to emerging market level from the current frontier market classification, VNDirect Securities Corporation said in its 2020 outlook.

Many foreign businesses have expressed their hope for better business and investment environment in Vietnam, especially consistent policies on economic development.

Demand for locally-made products has considerably increased on the Lunar New Year in the past two years.

Savi Pharmaceutical Joint Stock Company held a ceremony on January 9 to receive EU GMP certification and start construction on a new Savipharm High-tech R&D Centre.

The Ministry of Planning and Investment has submitted a new airline project to Prime Minister Nguyen Xuan Phuc for consideration.

Vietnamese airlines will provide more flights at night to meet higher demand as Lunar New Year nears.

Vietnam’s GDP growth would reach 6.8 percent from the 7.02 percent posted in 2019, mainly due to a slowdown in the industrial sector, analysts from Fitch Solutions forecast.

The Vietnamese Ministry of Industry and Trade is trying to connect local pork importers with around 50 foreign partners to ease the country’s pork shortage as the Lunar New Year nears.

Southeast Asia Commercial Joint Stock Bank (SeABank – Vietnam) announces its 2019 business results with consolidated profit before tax of VND 1,390.69 billion, an increase of VND 768.26 billion (123.4%) compared to 2018, with ROE at 12.03% and SeABank